Dem Megadonor Steyer: Pledge to Impeach Trump if You Want My Money

Investor-turned-environmentalist-turned-megadonor Tom Steyer is drawing a line in the sand for his donations in the 2018 cycle: pledge to impeach Trump, or you won't get my money.

By NTK Staff | 10.11.2017 @9:09am

Tom Steyer’s first and most successful act was as an investor, in everything from coal to Big Tobacco. His second, and less successful, act has been as a megadonor to Democratic causes. Steyer spent at least $163 million in the 2014 and 2016 cycles, with a paltry record in the races he invested in.

However, Steyer is primed to spend big money again in 2018. And this time, it comes with a condition for Democrats: you must pledge to impeach Trump.

One of the Democratic Party’s most prominent financial backers is demanding that lawmakers and candidates on the left support removing President Trump from office, putting pressure on Democrats to make Mr. Trump’s ouster a defining issue in the 2018 midterm elections.

Tom Steyer, a billionaire California investor who spent more than $91 million supporting Democrats in the 2016 elections, issued the demand to his party in a letter on Wednesday. In his message, Mr. Steyer described Mr. Trump as a “clear and present danger to the republic” and called on Democrats to pledge that they would seek to remove him from office if they take control of Congress next year.